Captrust Financial Advisors Has $801,000 Stock Position in First Financial Co. (NASDAQ:THFF)

Captrust Financial Advisors cut its position in First Financial Co. (NASDAQ:THFF) by 46.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,269 shares of the bank’s stock after selling 15,932 shares during the period. Captrust Financial Advisors owned 0.15% of First Financial worth $801,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in shares of First Financial by 7.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 19,857 shares of the bank’s stock valued at $762,000 after acquiring an additional 1,359 shares during the last quarter. Comerica Bank raised its position in First Financial by 6,849.2% in the 1st quarter. Comerica Bank now owns 4,517 shares of the bank’s stock valued at $173,000 after purchasing an additional 4,452 shares during the last quarter. CWM LLC boosted its stake in First Financial by 102.3% in the second quarter. CWM LLC now owns 5,098 shares of the bank’s stock worth $188,000 after purchasing an additional 2,578 shares in the last quarter. Wedge Capital Management L L P NC boosted its stake in First Financial by 4.2% in the second quarter. Wedge Capital Management L L P NC now owns 16,854 shares of the bank’s stock worth $622,000 after purchasing an additional 680 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of First Financial by 2.0% during the second quarter. Bank of New York Mellon Corp now owns 102,269 shares of the bank’s stock worth $3,772,000 after purchasing an additional 2,046 shares during the last quarter. 72.74% of the stock is owned by institutional investors.

First Financial Stock Performance

First Financial stock opened at $49.31 on Tuesday. The stock has a 50-day simple moving average of $45.93 and a 200 day simple moving average of $42.52. The stock has a market capitalization of $582.35 million, a price-to-earnings ratio of 13.36 and a beta of 0.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05. First Financial Co. has a 12-month low of $34.58 and a 12-month high of $51.87.

First Financial (NASDAQ:THFF) last announced its earnings results on Tuesday, October 22nd. The bank reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.17). First Financial had a return on equity of 8.10% and a net margin of 14.86%. The company had revenue of $82.92 million during the quarter, compared to the consensus estimate of $57.95 million. On average, research analysts anticipate that First Financial Co. will post 3.92 earnings per share for the current fiscal year.

First Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.65%. The ex-dividend date was Tuesday, October 1st. First Financial’s dividend payout ratio (DPR) is presently 48.78%.

About First Financial

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.